Local News

Real estate news in Atlanta

Fisher Island palazzo hits the market for $22 million

A palazzo located in the richest zip code in the U.S. comes with a $20K custom golf cart.

Foreclosures down in Miami, but mortgage delinquencies rising

The biggest changes were found in mortgages that are in serious delinquency, meaning those that are at least 90 days delinquent.

Engel & Völkers opens new shop in Coconut Grove

Engel & Völkers Continues South Florida expansion with new office in Coconut Grove.

Miami home prices jump 5.7% from 2019

Nationwide, home value increases continued to be driven by low inventory, which hit its lowest level in September, dropping by 40% from September 2008 and by 74% when compared to September 2000.

Miami Beach home sells for $18 million

Villa Duval on Sunset Island IV has sold for $18 million.

New York City homebuyers eyeing Miami for a move

The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Miami.

Florida hit hard with zombie foreclosures

Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.

HUD Secretary Ben Carson to attend grand opening of Eden at Liberty Square

Calling Liberty Square, “a model that cities across the nation are already emulating,” Miami-Dade County Mayor Carlos A. Gimenez announces grand opening celebration.

Step aside, Terrance Howard: Cesar Pina’s real estate empire is about to hit the airwaves

With an assist from 50 Cent, real estate entrepreneur Cesar Piña is launching a new reality show about flipping houses.

Profit margin for Miami home sales drops in Q3

“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions

Miami-Dade County home sales soar by double digits in September

Miami-Dade County total home sales surge, with big assist from migration-fueled luxury sector.

Bidding wars inch up in Miami in Redfin report

“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.

Miami home sale prices up 17.2% over last year

In Miami, the number of transactions dropped 20.9% from the previous month to 3,681.

Miami home prices up 2.5% from last year

“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com

Paramount penthouse sells for $3.9 million

All-cash deal closes during pandemic to domestic out-of-state buyer

Art is not cancelled in Miami, say developers

The cancelation of Art Basel this year has led many developers and brokers who depend on the event for sales to think outside the box by bringing art directly to their projects.

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